Options experts: What PTON call to buy?

If I think PTON will be 33.00 in the next 3-4 weeks, whats the best option
to buy?

 

If you were to buy just one option and your outlook was bullish by 37.5% you can plug that into the scanner and get the following:


The way our process works is we adjust the distribution from an expected value of the current stock price to the expected value of 1+bullish 37.5. This shifts the distribution to the right until we calculate $33 by multiplying the node probability times the node price. Then we calculate the terminal values the options payoffs at each node. For example, the 5/6/2022 $30 for $0.86 has a terminal distribution value (D) of $495 or an expected return of 475.6%.



Depending on the certainty of your outlook, this may or may not be the right approach for you. You can mouse over the $33 part of the distribution to fine tune the returns.

 

the best option is to
- use a simple straight ruler to help you determine the trend
- lookout for higher lows before you long a stock
- do nothing

those who shorted it a few months ago are laughing all the way to the bank.
where were you a few months ago?
It seems like you missed a very very big opportunity to short PTON a few months ago.

Instead of dreaming about pton going to 33, you need to reflect why you failed miserably to short PTON a few months ago.


alternatively, use a nuclear-powered crystal ball to help you predict the future.

anyway, happy catching the falling knife to you.

and if you are serious about earning $$$ from trading, trade with the trend.
and be early. DON'T BE LATE !

 

Well obviously 21-28+ DTE.

 

Ditto.

Reminds me of the recent call by a big bank trading department... "Commodities may soar 40%". Yeah... after they have already risen nearly 300%!

If that's all the better of your TA, maybe you should just close up shop and go fishing!

 

we'll revisit in a month. lol

or sooner!

 

Why are you bullish on PTON anyways?

This chart looks more like $20 below in 3-4 weeks.

 

i wouldn't necessarily call it bullish, just entering a range and we're near the bottom of that
range with the top around 35-36ish.

i would buy the stock outright but why tie up so much capital.

and my "proprietary" high probability technical set up is whats telling me about a month
to reach that higher end of range.

as always, i could be wrong.

 

I am Not interested to wait for a month.

But one thing to remember :
work very very hard before you can bring home the bacon.

 

The one that goes up the most, silly!

(But if yours don't go up, don't buy it.)